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Tata Sons is the holding company of the Tata Group, and holds the bulk of shareholding in these companies. Tata Sons is the owner of the Tata name and the Tata trademarks, which are registered in India and several other countries. About 86% of the equity capital of Tata Sons is held by philanthropic trusts endowed by members of the Tata family.
Tata Sons Pvt. Ltd. is the holding company of the Tata Group, headquartered in Mumbai.It owns the bulk of shareholding in the Tata group of companies including their land holdings across India, tea estates and steel plants, and derives its revenue from dividends from these companies and brand loyalty fees.
J. R. D. Tata was chairman of Tata Group 1938–1991. J. R. D. Tata was made chairman of the Tata Group in 1938. Under his chairmanship, the assets of the Tata Group grew from US$101 million to over US$5 billion. Starting with 14 enterprises, upon his departure half a century later in 1988, Tata Sons had grown to a conglomerate of 95 enterprises.
He joined Tata Sons as an unpaid apprentice in 1925. In 1938, at the age of 34, Tata was elected Chairman of Tata Sons making him the head of the largest industrial group in India. He took over as Chairman of Tata Sons from his second cousin Nowroji Saklatwala. For decades, he directed the huge Tata Group of companies, with major interests in ...
The parent company is Tata Sons, which is the main holding company of the Tata Group. About 65% of the stock in these companies is owned by various Tata family charitable trusts, mainly the Ratan Tata Trust and the Dorab Tata Trust. Approximately 18% of the shares are held by the Pallonji Mistry family, and the rest by various Tata sons.
In 1991, he took the helm of the conglomerate when his uncle J.R.D. Tata stepped down - the passing of the baton coming just as India embarked on radical reforms that opened up its economy to the ...
The company was founded by J. R. D. Tata to create a complete consortium that would take on projects, Division of Tata Sons for engineering procurement and construction projects. [ 3 ] Founded in 1979, the company carries out industrial and urban infrastructure projects.
Ratanji Dadabhoy Tata (1856–1926) was an Indian businessman who played a pivotal role in the growth of the Tata Group in India. He was the first-cousin of Jamsetji Tata and one of the partners in "Tata Sons" founded by Jamsetji Tata. Ratanji was the father of renowned J. R. D. Tata. [citation needed]